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(MGM) Mgm Resorts complete technical analysis [charts+indicators] | Buy/Sell Mgm Resorts | (MGM) share price targets

Complete technical analysis of Mgm Resorts (MGM) by charts plus indicators, forecast predictions and share price targets for Mgm Resorts (MGM)

Mgm Resorts trades in USA in Consumer Services sector.

Showing technical analysis as on 2024-10-21 View latest technical analysis

10 day averaged volume of Mgm Resorts is 3303400

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	40.48	41.11	41.19	40.14	0.906 times
18 Fri Oct 2024	41.19	40.98	41.44	40.64	1.041 times
17 Thu Oct 2024	40.58	39.58	40.61	39.58	1.032 times
16 Wed Oct 2024	39.90	39.69	39.98	39.39	0.785 times
15 Tue Oct 2024	39.39	40.14	40.37	39.34	0.847 times
14 Mon Oct 2024	40.24	39.24	40.29	39.20	0.943 times
11 Fri Oct 2024	39.66	39.52	40.23	39.52	0.708 times
10 Thu Oct 2024	39.59	39.97	40.04	39.48	0.811 times
09 Wed Oct 2024	40.18	39.66	40.34	39.55	0.939 times
08 Tue Oct 2024	39.81	40.35	40.39	38.44	1.525 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 40.6 as stoploss in an intra day sell trade for a target of 39.6. However, stock will show a bullish move above 40.6.

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	33.44
Downside Target	34.16
Downside Target	36.54
Downside Target	37.98
Downside Target	40.14
Upside Target	41.19
Upside Target	41.26
Upside Target	41.44
Upside Target	41.64
Upside Target	44.55
Upside Target	47.26

Intraday share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Intraday Target	40.02
Downside Intraday Target	39.55
Upside Intraday Target	41.07
Upside Intraday Target	41.65
Upside Intraday Target	40.6

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	40.48	41.11	41.19	40.14	0.195 times
18 Fri Oct 2024	41.19	39.24	41.44	39.20	0.869 times
11 Fri Oct 2024	39.66	40.50	41.64	38.44	0.899 times
04 Fri Oct 2024	40.43	39.59	40.47	37.98	0.728 times
27 Fri Sep 2024	39.62	37.30	40.16	36.54	0.799 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mgm Resorts (MGM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	40.48	38.80	41.64	37.98	0.494 times
30 Mon Sep 2024	39.09	37.23	40.16	34.16	0.788 times
30 Fri Aug 2024	37.59	40.05	40.35	33.44	1.839 times
31 Wed Jul 2024	42.97	44.55	47.26	41.26	1.027 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mgm Resorts (MGM)

Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mgm Resorts ( (MGM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mgm Resorts stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mgm Resorts in short term and the buy signal is strong.

Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mgm Resorts in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mgm Resorts is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.13 and Mgm Resorts (MGM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Mgm Resorts (MGM) stock. Volume based technical analysis of Mgm Resorts (MGM) stock is negative.

Mgm Resorts Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.